Low Income Apartments and Affordable Housing For Rent in Otsego County, MI

Discover affordable housing in Otsego County where there are 11+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Gaslight Square Apartments

1231 Village Pkwy, Gaylord, Michigan 49735

Alpine Alten Zimmer

120 Grandview Blvd, Gaylord, Michigan 49735

Alpine Haus

504 Random Ln, Gaylord, Michigan 49735

Sheldon Place Apartments

910 W Sheldon St, Gaylord, Michigan 49735

Northwind Apartment Homes

132 North Indiana Ave and 403 West MItchell, Gaylord, Michigan 49735

Horsell Manor Apartments CO Housing Mgmt

920 E Main St, Vanderbilt, Michigan 49795

Aspen I Apartments

500 W North St, Gaylord, Michigan 49735

Park Meadow

1316 Park Meadow Dr, Gaylord, Michigan 49735

Little Village C/O Kmg Prestige

410 S Center St, Gaylord, Michigan

Mf - Dev Green Meadows

572 W North St, Gaylord, Michigan 49735

Green Meadows of Gaylord

802 Northmeadow Dr, Gaylord, Michigan 49735

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Otsego County, Michigan
$19.02/hour
$8.69 (+84%) more than Michigan minimum wage and $11.77 (+162%) more than the Federal minimum wage.
Learn More About Otsego County, Michigan Affordable Housing ↓

What HUD offices serve Otsego County, Michigan?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Homeownership Voucher, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV) programs for Otsego County, Michigan.

Go to the Michigan Public Housing and Low-Income Apartments Waiting Lists page for openings near Otsego County.

How many renters live in Otsego County, Michigan?

The County of Otsego County has 25,221 people living in 10,766 households.

There are 4,855 renters living in 2,570 renter households in this County. Renters make up 19.25 percent of the population living in Otsego County.

What is the rental market like in Otsego County, Michigan?

There are an estimated 14,881 housing units in the Otsego County area. Of these, 2,666 units are rental homes, making up 18 percent of the housing market. For every renter household in Otsego County, Michigan, there are 1 rental units.

What is the vacancy rate for rentals in Otsego County?

The rental vacancy rate in Otsego County is 3 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Otsego County for each bedroom size?

Occupied Rental Units by Size in Otsego County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
196 705 1,014 586 19
Occupied Rental Units by Size in Otsego County

A large number of apartments in Otsego County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Otsego County are overburdened by housing costs?

Among renter households in this market, 45 percent have housing cost burden. Further, 16 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Otsego County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $702 to $1,546. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $702
One BR $764
Two BR $1,004
Three BR $1,347
Four BR $1,546
2024 Fair Market Rents in Otsego County, Michigan

How many units are rented at Fair Market Rent (FMR) in Otsego County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 110 56 percent
One BR 421 60 percent
Two BR 578 57 percent
Rental Units Below FMR in Otsego County, Michigan

How many affordable rental units are in Otsego County?

There are a variety of federal affordable housing programs serving households in Otsego County, Michigan including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 525
Section 8 Project-Based Rental Assistance 96
USDA Section 515 Rural Rental Housing 216
Tracked Units by Federal Program in Otsego County, Michigan

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Otsego County, Michigan

Otsego County features 266 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Otsego County, Michigan

There are 218 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Otsego County.

Housing Choice Vouchers in Otsego County, Michigan

On average, Section 8 Housing Choice vouchers pay Otsego County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Otsego County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Otsego County, Michigan for a two-bedroom apartment is between $904 and $1,104.

Sourced from federal housing data and AffordableHousingOnline.com research.